CE Oltenia will send for approval to Brussels a restructuring plan worth 7 bln. Lei

Oltenia Energy Complex (CEO) and the Ministry of Economy will send for approval to the European Commission, through the Competition Council, the company’s restructuring plan, which provides for total investments of 7 billion lei in the period 2021-2026, according to a CEO statement. The Oltenia Energy Complex has benefited from a rescue aid worth 1.2 billion lei, and will either repay it within a maximum of six months or, if the company’s ...

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